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Apr 27, 2022 • 2 min read

What’s Driving S&P 500’s Forward P/E?

Dr Ed Yardeni Dr Ed Yardeni
What’s Driving S&P 500’s Forward P/E?

There is an inverse correlation between the forward P/E of the S&P 500 and both the 10-year US Treasury bond yield and the comparable TIPS yield.

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